KUALA LUMPUR (Nov 2): The FBM KLCI is seen subdued today on the back of the overnight sell off at most global equity markets. Local market sentiment has been relatively downbeat ahead of the U.S. presidential election on Nov 8. Global equity prices and the dollar fell sharply on Tuesday as investors sought safe havens amid mounting uncertainty about next week's U.S. presidential election, according to Reuters. U.S. Treasury prices ended higher, erasing earlier weakness, as falling stocks increased demand for bonds, while oil prices fell to one-month lows, it said. Based on corporate announcements and news flow yesterday, companies that may be focus today could include: DiGi.Com Bhd, WCT Holdings Bhd, Sapura Resources Bhd, George Kent (M) Bhd, Sarawak Oil Palms Bhd, HeiTech Padu Bhd, Mitrajaya Holdings Bhd, Cycle & Carriage Bintang Bhd, Malaysia Packaging Industry Bhd and ManagePay Systems Bhd.

Source: The Edge Markets November 01, 2016 21:49 UTC